SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.56-1.5%Nov 20 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: American Spirit who wrote (80004)7/11/2001 5:06:13 PM
From: David W. Taylor  Read Replies (1) of 99985
 
>> You have no way of judging "rational" price at this juncture. >>

I just explained my process of rational pricing. What I may not have made clear is that I see zero, repeat zero, sales growth in the next 12 months for most of these names.

That has the effect of making it very easy to compare stocks to fixed income investments like bonds.

>> As they just said on CNBC, everyone knows we're oversold we just need an excuse to rally. >>

CNBC, aka BubbleVision, have a very definite axe to grind. They rely (indirectly) for revenues based on advertising. Companies are not advertising as much right now. CNBC knows this and is verging on criminal behavior in spouting this kind of nonsense.

I repeat -- I see zero, repeat zero, sales growth in the next 12 months for most of these names.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext